
Apartments for Rent in the Algonquin Neighborhood of Louisville, KY (761 Rentals)


Flats on Fifth

Crescent Centre Apartments & Townhomes

The Residences at OMNI Louisville

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Trifecta

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Artspace Lofts

Derby Row | Student Housing

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The St. Francis Apartments

Eclipse

Edge on 4
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There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

Lofts on Ormsby

The Belknap Apartments

Old Louisville - 1219 S 6th St

Beecher

Brexx at Louisville

Guthrie-Coke Lofts

J.O. Blanton House - Senior Living

Cardinal Village Apartments

Hampton Place

The Chalet Village Apartment Community
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cathedral Commons

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Patriot Derby (FKA Vesta Derby Oaks)

The Cornerstone

York Towers Apartments

The Puritan Senior Living - 62 & Over

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1600 S 3rd St, Unit 1600 S. 3RD St. #1

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214 W Collins Ct, Unit 1 br apartment

1436 S 3rd St, Unit #1

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3834 Southern Pky, Unit #1

216 W Burnett Ave, Unit 226B
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4002 Southern Pky, Unit 1

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1460 S 2nd St, Unit 3

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226 W Burnett Ave

1735 W Hill St

2317 Ratcliffe Ave

1600 Beech St

3427 Young Ave

3308 Kirby Ave

2520 S 3rd St, Unit 405

1036 S 7th St
Algonquin - One of the Best Affordable Neighborhoods in Louisville
Named as one of the Best Affordable Neighborhoods to rent in Louisville by our Louisville, KY Local Expert Mike Heuer. See how it ranks!

1300 S 3rd St

1239 S 2nd St, Unit A

1810 Magazine St

655 S 27th St

1024 Cecil Ave

1503 S 3rd St, Unit 2

1234 S 1st St, Unit #4

823 S 2nd St, Unit 3

1234 S 1st St, Unit #4

691 Madelon Ct
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Algonquin, Louisville, KY Local Guide

How much does it cost to rent an apartment in Algonquin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algonquin Studio Apartments | $840 | $200 | $1,435 |
| Algonquin 1 Bedroom Apartments | $1,108 | $200 | $2,102 |
| Algonquin 2 Bedroom Apartments | $1,202 | $695 | $4,320 |
| Algonquin 3 Bedroom Apartments | $1,270 | $723 | $2,812 |
| Algonquin 4 Bedroom Apartments | $844 | $619 | $1,295 |
How much does it cost to rent a home in Algonquin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,182 | $699 | $3,000 |
| 3 Bedroom Homes | $1,305 | $715 | $2,300 |
| 4 Bedroom Homes | $1,529 | $900 | $3,000 |
| 5 Bedroom Homes | $2,056 | $1,495 | $2,900 |
| 6 Bedroom Homes | $1,000 | $1,000 | $1,000 |
Browse Apartments in this Neighborhood
There are currently 761 rentals with your search options within a 2 mile radius of the Algonquin Neighborhood of Louisville, KY.
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Algonquin, Louisville, KY Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Algonquin, Louisville, KY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Kentucky and customized analysis for Louisville, Kentucky. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, family-friendly amenities, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Family-Friendly Rating
When renting for a family with young ones, location matters. Amongst all of the submarkets in Louisville, this neighborhood is now ranked as one of the finest neighborhoods for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. Family Friendly communities provide resources like parks, picnic areas, recreation rooms, walking and biking trails, and more.
Outdoors Rating
We think living with parks and green spaces is very important. This section of town has come to be providing great access to nice outdoor spaces, with a score of 3.5 out of 4.
Luxury Living Rating
This residential submarket is amongst the finest high-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, concierge services, park views, easy access to green space, and nice home amenities like granite or quartz countertops and stainless steel appliances. Luxury communities also often offer tile or hardwood floors, access to sports facilities like golf, raquetball, and tennis, and a full-time security staff or doorman.
Pet Friendly Rating
Do you have dogs or cats? this part of Louisville is one of our preferred submarkets for pet owners who rent, with a score of 4.0 out of 4.
Frequently Asked Questions about Algonquin
What is the current pricing and availability for apartments for rent in the Algonquin area of Louisville, KY?
As of today, September 04, 2026, there are currently 761 available Algonquin apartments priced from $200 to $4,320, with an average monthly rent of $1,140.
How much are Studio apartments in Algonquin?
There are currently 347 Studio Apartments in Algonquin with rent ranges from $200 to $1,435 with an average price of $840.
What is the current price range for One Bedroom Algonquin Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Algonquin ranges from $200 to $2,102 with an average monthly rent of $1,108.
What does renting a Two Bedroom Apartment in Algonquin cost?
The monthly rent prices of Two Bedroom Apartments currently available in Algonquin range from $695 to $4,320. Today's average rental price for Two Bedrooms here is $1,202.
How expensive are Algonquin Three Bedroom Apartments?
There are currently 66 Three Bedroom Apartments listings available in Algonquin on ApartmentHomeLiving.com. The pricing ranges from $723 to $2,812 - averaging $1,270 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.